FY2018 Recommended Budget

GENERAL FUND

GENERAL FUND REVENUES SUMMARIZED BY CATEGORY

2015 Actual

2016 Actual

2017 Estimated 2018 Proposed

Ad Valorem Taxes

Current Year

$

14,633,462

$

16,261,128

$

17,408,000

$

17,928,000

Prior Years

$

32,188

$

19,259

$

25,000

$

25,000

Penalties & Interest

$

25,118

$

23,074

$

20,000

$

20,000

Total

$

14,690,768

$

16,303,462

$

17,453,000

$

17,973,000

Intergovernmental

Local Option Sales Tax

$

4,095,031

$

4,676,792

$

5,050,000

$

5,265,000

Utility Franchise Tax

$

1,456,779

$

1,588,903

$

1,590,000

$

1,610,000

Beer & Wine Tax

$

98,979

$

100,798

$

107,000

$

110,000

Wake County Fire District

$

831,306

$

844,964

$

846,000

$

846,000

Rental Vehicle Tax

$

67,513

$

76,346

$

89,000

$

92,500

Solid Waste Disposal

$

13,392

$

14,851

$

16,500

$

16,800

Total

$

6,563,000

$

7,302,655

$

7,698,500

$

7,940,300

Sales & Services

Rents

$

131,097

$

126,047

$

137,150

$

142,500

Recreation

$

1,032,604

$

980,876

$

1,036,690

$

1,073,600

Total

$

1,163,701

$

1,106,923

$

1,173,840

$

1,216,100

Permits & Fees

Building Permits

$

898,518

$

694,585

$

1,079,200

$

699,200

Planning & Zoning Fees

$

178,053

$

658,499

$

285,000

$

85,000

Engineering Fees

$

69,986

$

324,125

$

130,000

$

130,000

Fire Department Fees

$

43,680

$

68,499

$

52,000

$

55,000

Officer Fees

$

27,541

$

22,534

$

22,000

$

23,000

Total

$

1,217,778

$

1,768,241

$

1,568,200

$

992,200

Restricted Intergovernmental Powell Bill

$

502,929

$

546,236

$

554,300

$

559,800

Grants & Reimbursements

$

42,148

$

110,746

$

555,975

$

5,000

Total

$

545,077

$

656,982

$

1,110,275

$

564,800

Other Taxes & Licenses

Motor Vehicle Decals

$

248,636

$

277,630

$

280,000

$

286,500

Privilege License Tax

$

830,123

$

-

$

-

$

-

Video Programming Tax

$

652,670

$

662,165

$

680,000

$

686,800

Total

$

1,731,429

$

939,795

$

960,000

$

973,300

43